Monroe Capital LLC today announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.
Cal Net is the premier provider of managed IT services, cloud, security services and Unified Communications in the Southern California region. Based in Orange County, inhouseIT is the leading provider of managed IT services to small and medium sized business in the Orange County market. The addition of inhouseIT to the Cal Net platform extends its capabilities for service, technical depth, and reliability to inhouseIT’s clients by leveraging one of the largest and most skilled group of technical resources in Southern California.